HAWE Hydraulik acquires HOERBIGER’s automation technology division
After signing the contract, a partnership meeting on site in Altenstadt: Karl Haeusgen, CEO HAWE Hydraulik (left) and Dr. Jürgen Zeschky, CEO of HOERBIGER Holding AG (right)
On March 26, 2019, HAWE Hydraulik SE, Aschheim / Munich, signed the contract for the purchase of HOERBIGER Automatisierungstechnik Holding GmbH.
The manufacturer of hydraulic components and systems will thus acquire several legally independent companies at three locations and the associated product range from HOERBIGER Deutschland Holding GmbH effective May 1, 2019. In 2018, the division generated sales of €64 million with approximately 320 employees.
This step offers HAWE an ideal addition to its existing product portfolio and thus an expansion of its position as a solution provider. A comprehensive analysis of the market positioning, target markets and potential of the acquired divisions preceded this step.
HAWE Hydraulik takes over all employees at the existing locations. The customers of HAWE Hydraulik and the former HOERBIGER product lines benefit from the joint competence, the global sales and service network and the significantly expanded product range.
In the 70th year of its existence, this acquisition is an important strategic step for the HAWE Hydraulik Group to strengthen its market position as an innovative partner for hydraulic drives and mechatronic controls in over 70 industries.
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